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Econ101 Term Paper (Example)

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Monopoly vs. Monopolistic Competition Name College Ip (2018) gives a brief overview of some of the instances where some American companies have had significant market shares in their respective industries to a point where competitors are discouraged from entering the market despite the fact that they were not limited by policies neither were they by lack of finances. According to the author the American Telephone and Telegraph Co. and Standard Oil Co. are some of the best examples of companies that controlled more than 80% of their industries in their days. However until recently when the world has witnessed tremendous development in information technology there were few companies who could match the dominance of American Telephone and also a characteristic of the market (Mankiw and Taylor 2007). The article covers one of the most debated topics in Silicon Valley at the moment in light of tougher regulations from Washington based on the Anti-trust laws. This is relevant to the course considering that it is a real-world example of the course which identifies the major types of markets as oligopoly monopoly perfect competition and monopolistic competition. Hence the article not only provides an example but challenges a reader to seek a deeper understanding of market types. References Ip G. (2018). The Antitrust Case Against Facebook Google and Amazon. [online] WSJ. Available at: www.wsj.com [Accessed 17 Mar. 2018]. Mankiw N. and Taylor M. (2007). Microeconomics. London [u.a.]: Thomson. [...]

Order Description:

Assignment Instructions For the term paper, you are required to pick a current economic topic that relates to the material we have covered or will cover in this course. You will research and find an article that covers the topic you have chosen. You can use an article online or offline from any reputable source. You will write up a review of the article and integrate course concepts into your review. Please make sure you both summarize the article and discuss how it relates to the course. Complete this essay in a Microsoft Word document in APA format. Your work will automatically be submitted to Turnitin for plagiarism review. Please note that a minimum of 700 words for your essay is required. Listed Below are the topics for this class. 
Lesson 1: Introduction to Economic Thinking 
 
Lesson 2: Demand, Supply, & Market Equilibrium 
 
Lesson 3: Elasticity 
 
Lesson 4: Consumer Choice 
 
Lesson 5: Businesses and Their Cost 
 
Lesson 6: Pure Competition & Monopoly 
 
Lesson 7: Monopolistic Competition and Oligopoly 
 T

Subject Area: Economics

Document Type: Reports

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $25

Words 825

Pages 3

Completed in 11 days

Expert Mwandishi001

Client Review

excellent work and on time as always.

Positive
03.19.2018

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